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For WorldatWork Members 2024-2025 Salary Budget Survey , research;Multi-State Laws Comparison Tool , tool; For Everyone Total Rewards ’25 , conference;Survey Data, Partnerships Enable Effective Salary Budget Plans , Workspan Daily article;A Look Ahead: Exploring the Impact of the November 2024 U.S.

Member Only Access Member Only Access 640 Responses 501 U.S. based business professionals 3/1/2021 Date fielded 3% Overall margin of error Thank You for Being a Member Get the most from your membership today!

Veverly Gibbs, Senior Manager Global Variable Compensation, GE Healthcare “I decided to join WorldatWork because of the opportunity for knowledge-based improvement as well as the path to certification in my field.”

Workspan Daily article; Financial services company Goldman Sachs Ayco recently analyzed the benefits and compensation offerings at more than 400 client companies and found those respondents are increasingly allowing employees to convert paid time off (PTO) into an equitable cash value directly applied toward: ;Student loan payments; ;401(k) accounts; ;Health savings accounts (HSAs); ;Charitable contributions, including donating time to other employees; ;529 plan contributions; ;Monetary payouts; In addition, the Goldman Sachs Ayco report showed more than 25% of these companies have a PTO purchase program, which allows employees to buy and sell their vacation days.

-based attorney in Ogletree Deakins’ employee benefits practice

An understanding of regulations and compliance standards in each country is necessary when crafting global benefits plans.

.; ;Strategic workforce planning, leadership development, and recruiting and onboarding top the list of HR priorities.

-based employee’s home, and if remote care is not available.

-based employers who have employees working abroad, specifically in Europe, the scenario is more complex.

This survey reveals how organizations design and implement their programs and practices, including whether they require employees to take time off, if they allow employees to redirect their PTO to important causes, the number of annual vacation allotted days based on tenure and more.